Green River Gold Announces Closing of Private Placements of Units Consisting of Flow-Through Shares and Warrants and Units Consisting of Common Shares and Warrants

About this update from Green River Gold Corp

[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - December 30, 2023) - Further to its news release dated November 6, 2023, Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the \"Company\" or \"Green River\") is pleased to announce that it has closed on the previously announced non-brokered private placement offering (\"FT Offering\") of units (\"FT Units\"), each FT Unit consisting of one flow-through common share and one-half of one common share purchase warrant (each such whole warrant a \"FT Warrant\"). In total, the Company issued 11,653,745 FT Units at a price of $0.055 per FT Unit for gross proceeds of CAD $640,956. Each FT Warrant is exercisable to acquire one common share of the Company for a period of 4 years following issuance at a price of $0.10 per common share, subject to acceleration. In addition, further to its news release dated October 4, 2023, the Company is pleased to announce that it closed on the previously announced non-brokered private placement offering (\"NFT Offering\") of units (\"NFT Units\"). In total, the Company issued 650,000 NFT Units at a price of $0.05 per NFT Unit for gross proceeds of CAD $32,500.00. Each NFT Unit consists of one common share and one warrant (\"NFT Warrant\"). Each NFT Warrant is exercisable to acquire one common share of the Company for a period of 4 years following issuance at a price of $0.075 per common share, subject to acceleration. If the closing price of the Company's common shares on the Canadian Securities Exchange (the \"CSE\") (or such other principal exchange on which the shares may be traded at such time) is equal to or greater than $0.20 for a period of ten (10) consecutive trading days, the Company may, at its sole option, accelerate the expiry date of FT Warrants and NFT Warrants to the date which is thirty (30) days following the date upon which notice of the accelerated expiry date is provided by the Company (given by way of news release). No broker commissions were paid with respect to any closings that took place under the Offering. However, the Company paid an aggregate amount of $18,806.48 in cash finder's fees to certain finders, which amount equals 8% of the aggregate gross proceeds of subscriptions under the FT Offering facilitated by such finders. In addition, the Company paid an aggregate amount of $2,600.00 in cash finder's fees to certain finders, which ...

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